Planet Money : NPR
Key Points:
- The trend in retirement is shifting from earlier retirement ages to later ones, with many older workers choosing or needing to work beyond traditional retirement age.
- Younger workers express concerns that prolonged employment of older workers hinders their career advancement and their ability to save for retirement.
- The conversation around age in the workplace is complex, with some experts advocating for mandatory retirement at age 70, while others suggest delaying retirement even further.
- Challenges include longer life expectancies, uncertain funding for Social Security and Medicare, and differing views on the economic impact of older workers remaining employed.
- The Planet Money episode explores these issues through expert interviews and provides additional resources for understanding the economic forces shaping retirement trends.